Why it could take 36 years and 61,060 to pay off a 10,000 credit card debt

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asked May 14, 2021 138k views

2 Answers

Emil · Answer 1 · 2021-05-20T10:08:45+0000

Answer:

The Credit Card Companies just ask that you pay the minimum amount due on your credit card. They keep charging interest, and if you just keep paying the minimum amount, it will take years to get it paid off.

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Why it could take 36 years and 61,060 to pay off a 10,000 credit card debt

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